7. A large-sample 98 percent confidence interval for the proportion of hotel reservations that are canceled on the intended arrival day is (0.048, 0.112). What is the point estimate for the proportion of hotel reservations that are canceled on the intended arrival day from which this interval was constructed? (A) 0.032 (B) 0.064 (C) 0.080 (D) 0.160 (E) It cannot be determined from the information given.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 30PPS
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7. A large-sample 98 percent confidence interval for the proportion of hotel reservations that are canceled on the
intended arrival day is (0.048, 0.112). What is the point estimate for the proportion of hotel reservations that are
canceled on the intended arrival day from which this interval was constructed?
(A) 0.032
(B) 0.064
(C) 0.080
(D) 0.160
(E) It cannot be determined from the information given.
Transcribed Image Text:7. A large-sample 98 percent confidence interval for the proportion of hotel reservations that are canceled on the intended arrival day is (0.048, 0.112). What is the point estimate for the proportion of hotel reservations that are canceled on the intended arrival day from which this interval was constructed? (A) 0.032 (B) 0.064 (C) 0.080 (D) 0.160 (E) It cannot be determined from the information given.
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